Kangwana property firm in fresh listing bid after 16-year wait

Anglo-African Property Holdings (AAPH), a real estate company associated with a Kanu-era business tycoon, plans to make a second stab at listing, 16 years after an initial public offering (IPO) bid flopped.

The company linked to Jared Kangwana has received Capital Markets Authority’s (CMA) approval to list on the Growth Enterprises Market Segment (Gems) and is awaiting Nairobi Securities Exchange (NSE) approval.